Illinois Park
Data as of July 2026. Source: Realtor.com.
The ELGIN, IL real estate market (60123) currently shows 100 active listings, with 53 pending sales. Homes are averaging 26 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 26 days on market compared to 23 days last year.
The median listing price has fallen 3.8% year-over-year, from $326,138 to $313,750.
Whether you are buying or selling in ELGIN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 49,537 · Density: 1,369.4/mi² · Median household income: $82,358
Typical home value: $231,426 · Homeownership: 69.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60123 | Elgin, IL 60123 | 0.0 mi | 68 | $19,675,868 | $279,450 | $289,351 |
| 60120 | Elgin, IL 60120 | 3.8 mi | 47 | $15,709,985 | $298,725 | $334,255 |
| 60118 | Dundee, IL 60118 | 4.7 mi | 45 | $28,773,855 | $478,750 | $639,419 |
| 60110 | Carpentersville, IL 60110 | 5.8 mi | 44 | $12,983,432 | $276,250 | $295,078 |
| 60103 | Bartlett, IL 60103 | 6.9 mi | 82 | $37,906,058 | $414,993 | $462,269 |
| 60175 | Saint Charles, IL 60175 | 7.6 mi | 43 | $56,183,155 | $779,475 | $1,306,585 |
| 60174 | Saint Charles, IL 60174 | 7.8 mi | 69 | $55,142,523 | $624,500 | $799,167 |
| 60133 | Hanover Park, IL 60133 | 9.7 mi | 65 | $21,559,785 | $328,250 | $331,689 |
| 60194 | Schaumburg, IL 60194 | 10.3 mi | 32 | $13,861,760 | $323,450 | $433,180 |
| 60156 | Lake In The Hills, IL 60156 | 10.6 mi | 45 | $18,884,835 | $422,475 | $419,663 |
| 60193 | Schaumburg, IL 60193 | 11.3 mi | 107 | $45,888,662 | $374,975 | $428,866 |
| 60185 | West Chicago, IL 60185 | 11.3 mi | 31 | $22,758,123 | $551,225 | $734,133 |
| 60195 | Schaumburg, IL 60195 | 11.7 mi | 3 | $750,000 | $250,000 | $250,000 |
As of July 2026, there are 100 active listings in ELGIN, IL (zip code 60123), compared to 87 the prior year.
The median listing price in ELGIN, IL 60123 is $313,750 as of July 2026, a 3.8% decrease from $326,138 the prior year.
Homes in ELGIN, IL 60123 spend an average of 26 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ELGIN, IL 60123 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 26 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in ELGIN, IL 60123 save an estimated $6,275 compared to a typical 5% commission on the median listing price of $313,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.